Let’s check in again on the cheapest homes around Seattle proper. For methodology and a brief explanation of the reasoning behind this series, hit the April 2009 post.
Please note: These posts should not be construed to be an advertisement or endorsement of any specific home for sale. We are merely taking a brief snapshot of the market at a given time. Also, just because a home makes it onto the “cheapest” list, that does not indicate that it is a good value.
Here are this month’s three cheapest single-family homes in the city limits of Seattle (according to Redfin):
| Address | Price | Beds | Baths | SqFt | Lot Size | Neighborhood | $ / SqFt | Notes |
| 11020 Beacon Ave S | $124,777 | 2 | 1 | 760 | 4,480 sqft | Rainier Valley | $164 | Short Sale |
| 14342 Wallingford Ave N | $149,000 | 2 | 1 | 660 | 5,250 sqft | Haller Lake | $226 | Short Sale |
| 10025 32 Ave SW | $152,000 | 2 | 1 | 740 | 6,300 sqft | Arbor Heights | $205 | Short Sale |
I believe this is the first time we’ve done this exercise and all of the top three have been short sales.
Stats snapshot for Seattle Single-Family Homes Under $200,000
Total on market: 54
Average number of beds: 2.3
Average number of baths: 1.1
Average square footage: 1,027
Average days on market: 78
Although the three cheapest homes are more expensive than our last update in December, the number of homes available under $200,000 shot up by 60% and the average square footage rose 11%.
Here are the three cheapest homes in terms of dollars per square foot:
| Address | $ / SqFt | Price | Beds | Baths | SqFt | Lot Size | Neighborhood | Notes |
| 9053 9 Ave SW | $91 | $254,900 | 7 | 2 | 2,790 | 4,780 sqft | Highland Park | Bank Owned |
| 8131 49th Ave S | $98 | $205,000 | 3 | 2 | 2,090 | 4,750 sqft | Dunlap | Short Sale |
| 9215 39th Ave S | $102 | $249,950 | 4 | 2 | 2,450 | 4,000 sqft | Beacon Hill | Short Sale |
This home didn’t quite make either of our lists this month, but I just had to mention it… Here’s an excerpt from the listing description for 736 S Southern St:
Nicely landscape and exterior is in great shape, tile and hardwood floring. Planty of parking
And here’s a good shot that demonstrates that last feature they mentioned:
That’s right, folks. For just $200,000, you could park four (count ’em, four) cars in tandem next to your very own Seattle home.
Here’s the last bonus: The lowest dollars per square foot on a house priced above $500,000: 11310 3rd Ave NW at $157 $/sqft. $599,950, 5 beds, 4 baths, 3,828 square feet. “Dynamic custom built home.” Decent looking view on the listing photos.